Comet Ridge Ltd (COI) — Cash Flow Quality Index

Latest as of June 2011: 2.16x

Comet Ridge Ltd (COI) has a Cash Flow Quality Index of 2.16x as of June 2011. Operating cash flow of AU$1.33 Million exceeds net income of AU$617.80K, indicating high earnings quality where cash backs reported profits. Explore Comet Ridge Ltd cash debt coverage ratio to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

2.16x
Operating CF / Net Income

Operating Cash Flow

AU$1.33 Million
AUD

Net Income

AU$617.80K
AUD

Data as of

Jun 2011
Most recent filing

Comet Ridge Ltd Cash Flow Quality Index (2011–2012)

Historical Cash Flow Quality Index for Comet Ridge Ltd across 2 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see COI cash generation efficiency.

Annual Cash Flow Quality Index for Comet Ridge Ltd (2011–2012)

Year-by-year earnings quality comparison for Comet Ridge Ltd.

Year Quality Index Operating CF (AUD) Net Income YoY Change
2012 -0.31x AU$-1.13 Million AU$3.68 Million ▼ -128.4%
2011 1.08x AU$1.33 Million AU$1.24 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.